Club Accounts
Ready for festive holidays and magical vacations? Join the club!
The most wonderful times of the year include holiday celebrations and fantastic trips with family and friends. And they're made all the more enjoyable when you save for them throughout the year. Open a Christmas Club account or Vacation Club account at Clearview Federal Credit Union so you can start loving the moments instead of stressing about finances. Set your savings goal and make regular deposits. When the right season rolls around, you'll be ready for some truly memorable occasions.
- Open multiple Club accounts for different purposes
- Dividends paid quarterly if a $100 average daily balance is maintained
- Build savings through payroll deduction or automatic transfers from your Clearview checking account
- Track progress through digital banking
- Christmas Club account balances are transferred to your Clearview checking account on October 1
- Vacation Club account funds can be transferred to your Clearview checking account at any time
- Adding sparkle to your holidays
- Affording that dream vacation
- Building savings with direct deposit
Considerations before you open a Christmas or Vacation Club Account
How do club accounts work?
Club accounts are designed to help you save for specific goals, like a dream vacation or holiday expenses. It's a separate savings account you can grow with regular deposits through payroll deduction or automatic transfers. After a certain amount of time, you can transfer the money you've saved to your checking account!
What are the benefits of having a vacation or Christmas club account compared to a regular savings account?
The beauty of club accounts, like our Vacation or Christmas club accounts, is their focused nature. Unlike regular savings accounts, which can be used for various purposes, club accounts allow you to earmark your savings for specific goals. This targeted approach helps you stay disciplined and ensures that you have the funds you need when the time comes for your vacation or holiday celebrations. Need help determining how much you'll need to set aside each month for your plans? Try our savings goal calculator!
Can I use a club account for other savings goals?
Absolutely! Whether you’re planning a wedding, saving for home renovations, or wanting to create an emergency fund, you can open multiple club accounts for any purpose or goal you have.
